The world-renowned Harbour Palace had once been the largest shopping complex in all of Terra.
Most people had learned of its existence after the year 2010, but in reality, it had begun construction back in 1986, under the lead of Nine Dragon Corporation. However, at the start, it had just been several shopping malls which merged to form a shopping complex. Although large, it had not achieved any actual scale-up.
It had just been a concept that Nine Dragon Corporation came up with to simplify their management and achieve uniformity in their products. However, its fame was propelled in 2002 when Nine Dragon Corporation did an entire renovation and redesign of Harbour Palace. After that, this massive shopping complex took advantage of Harbor City’s capitalist fame and instantly became famous.
How famous did it become?
Harbour Palace raked in a shocking total of 95 billion dollars just from rent alone, and Nine Dragon Corporation earned no less than 100 billion dollars every year from this one industry alone.
A shopping complex did not get its income purely from rent alone. They also earned revenue from things such as parking fees on the property grounds.
Who would suffer the most losses from Harbour Palace’s rise to prominence?
It would be Hope Group, which owned over 20 shopping malls in Harbour City. Thus, what Jasper intended to do was to drive the blade right into Hope Group’s chest and cause them to suffer massive losses.
Mr. Boyle did not show any expression as favonovel.com listened to Wendy speak. On the contrary, Zed was the first to raise his eyebrows.
Indeed, the Boyle family owned Nine Dragon Corporation, but favonovel.com had always been the one in charge of managing it, and favonovel.com had done so pretty well too. However, despite that, the industries under Nine Dragon Corporation’s management had always only performed mediocrely. Larger-sized ones had an advantageous edge, but it also meant the industries would be overly complex and cause them to struggle to survive with their mediocre earnings. Hence, favonovel.com had no idea why Wendy, or perhaps Jasper, pointedly asked to work with Nine Dragon Corporation in constructing this shopping complex.
Wendy noticed the questioning looks on the Boyles’ faces and continued saying, “We’ll take the land JW has just gotten and combine it with the shopping malls under Nine Dragon Corporation’s name. Moreover, JW has plans to purchase over a hundred thousand square feet of the land and industries surrounding the property. When you put everything together, Harbour Palace will take up no less than 230 thousand square feet of land.”
“Once the project is settled, we’ll not only have the largest shopping complex in Harbour City, but the largest shopping complex in the entirety of Terra. Harbour City has a well-developed market with high costs of living. Various luxury brands across the world will be able to set up specialty stores here, so they won’t have to worry about a lack of customers or supply of goods.”
Wendy gazed at the members of the Boyle family, whose eyes were sparkling before favonovel.com smiled and asked, “Are you interested in a project like this?”
Zed forced his racing heart to calm down as favonovel.com gazed at Wendy with excitement in his eyes. He had seen his vision come true in Wendy’s blueprint just now.
The largest shopping complex in Terra. That was what favonovel.com had always dreamed of!
“How much money will we have to invest? How will the ratio of the shares be divided?” Zed asked the most crucial questions.
Wendy replied, “The overall investment will be no less than 80 billion Harbor Dollars. As for the percentage of shares, that depends. Does the Boyle family have any cash to spare now?”
The Boyle family members blushed when they heard that
After what had happened in the past, the Boyle and Law family had ended up just like the other rich families. They had used up the very last reserves of their fortune, and the cash they had now was barely enough to maintain operations in all their industries. Although the companies under their name were constantly earning revenue, the amount was only enough to defend themselves against lesser risks. They did not have 80 billion Harbor Dollars worth of spare cash to invest.
Without waiting for the Boyle family to respond, Wendy said sincerely, “Both Jasp and I have seen the sacrifices your family made for JW Foundation. Thus, we currently plan to shoulder all the financial investments. The Boyle and Law family will invest using their surrounding industries or plots of land. In terms of shares, JW will take 40% while the Boyle and Law family will take 30% each.”
Mr. Boyle and Zed exchanged looks with each other after favonovel.com said that. They had no further comments.
“Jasper is truly virtuous. This is a huge favor.”
Both Mr. Boyle and Zed had been in the business industry for many years. They could tell at a glance that once the project was completed, they would be raking in several billion dollar’s worth of earnings every month. What JW was doing now by giving away shares for nothing was equivalent to giving away their money.
All they needed to do was locate several industries that were nearby and rope them into the mix. No matter how people looked at it, they would be making guaranteed earnings without suffering any losses.
Wendy chuckled and said, “Jasper said that he’s the one who’s indebted to everyone in Harbor City. JW’s main reason for joining Harbor City this time is mainly to work against the alliance formed by the three families, and the second reason is to set up a scenario where everyone can earn money together.”
“Alright, we agree to this collaboration!”
After gaining approval from Mr. Boyle, Zed spoke in a pleased tone.
“In that case, let’s wish for a pleasant collaboration in advance.”
“It will be pleasant for sure. Hahaha!”
Several hours later, JW Company announced this business plan to the public.
Harbor City’s business circle immediately went into an uproar.
The three shareholders in this business project included the Boyle family and the Law family, both of whom were Harbor City’s most well-established big shots. As for the third shareholder, it was the up and coming JW Company.
It was an alliance between three strong parties. Everyone could tell that this project would be a massive success as the three shareholders invested their assets into it.
Thus, it had a massive impact on Harbor City’s commercial real estate.
Harbor City had a well-developed economy, but the size of the available land was limited. Everyone could tell that adding such a massive shopping complex to a place where there were already plenty of shopping malls would cause a massive impact on the other shopping malls.
Those who paid attention to the details immediately directed their focus onto Hope Group. After all, Hope Group used to own the largest number of shopping malls in Harbor City. It was obvious that this project was aimed to work against Hope Group.
Harbor City’s stock market was still closed because it was still a rest day. However, as a stream of both good and bad news arrived, not even the most experienced investors could guess how Harbor City’s stock market would look like when it opened again.
All everyone could do now was wait.
***
The news soon reached New York, United States.
Three people sat in the study of Joe’s mansion. The atmosphere was tense and boarding.
Kennedy slammed his fist onto the table with a loud thump. He had a dark expression on his face as favonovel.com said, “Everything Jasper Laine did shows that he’s trying to take our places!”